Use the applet entitled Random Numbers to generate a list of 25 numbers between 1 and 3,
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Use the applet entitled Random Numbers to generate a list of 25 numbers between 1 and 3, inclusive. Let x represent a number chosen from this list.
a. What are the possible values of x?
b. Give the probability distribution for x in table form.
c. Let y be a number randomly chosen from the set 51, 2, 36. Give the probability distribution for y in table form.
d. Compare the probability distributions of x and y in parts b and c. Why should these distributions be approximately the same?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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